Information Provided By:
Fly News Breaks for May 26, 2016
CR
May 26, 2016 | 08:26 EDT
Topeka analyst James Kawai initiated Crane with a Buy and $62 price target. The analyst said Crane has completed its transition into an integrated multi-industry company and is positioned to drive more consistent productivity and margin gains. Further, Kawai sees enhanced value creation opportunities as legacy asbestos, environmental and pension outflows moderate.